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  • SHANGHAI, Dec 8- Shanghai stocks posted their biggest loss in 10 days, as disappointing China trade data and slumping oil prices unnerved investors already cautious ahead of an anticipated U.S. rate hike that could trigger more capital outflows. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 1.8 percent, to 3,623.02, while the...

  • SHANGHAI, Dec 8- China's yuan slid against the dollar on Tuesday after the central bank guided the currency lower via its daily midpoint and trade data showed the economy remained weak in November. The People's Bank of China set the midpoint rate at 6.4078 per dollar prior to market open, 0.15 percent weaker than the previous fix 6.3985. China's trade performance...

  • BEIJING/ SEOUL, Dec 8- South Korea expects its planned yuan-denominated sovereign bond issuance in China to be made during next week, a finance ministry official said soon after China's central bank approved the 3 billion yuan sale on Tuesday. The finance ministry said in a statement South Korea would be the first country to issue yuan-denominated sovereign...

  • *China challenges Germany as world's top solar producer. Even as China is set to overtake Germany as the country with the world's highest installed solar capacity, growth in small-scale solar such as rooftop panels has been so weak that planners didn't even bother setting new targets this year for installations under 20 megawatts in size.

  • *Oil near 2015 lows after OPEC keeps output high. LONDON, Dec 7- European shares started the week strongly on Monday, buoyed by gains on Wall Street and a weaker euro, while the dollar rose after upbeat jobs data on Friday bolstered investor confidence in the strength of the U.S. economy. Crude oil prices held near their lowest levels of the year after OPEC failed to...

  • SHANGHAI, Dec 7- China stocks edged up on Monday, with investors rotating from property companies back into tech and healthcare, sectors that Beijing hopes will be new engines of growth. A slew of data in coming weeks is likely to show China's economic performance remains sluggish, reinforcing expectations that Beijing will implement more stimulus measures in...

  • *Spring Air dominates popular leisure routes to Japan. BEIJING/ SINGAPORE, Dec 7- Xia Lili, marketing chief at a privately-owned Shanghai software firm switched to flying with Spring Airlines after China's first low-cost carrier took off in 2010. Her company has since made it mandatory for staff to use budget airlines when available, and has cut its travel costs...

  • SHANGHAI, Dec 7- China stocks were firm on Monday morning, with investors rotating from property companies back into tech and healthcare, sectors that Beijing hopes will be new engines of growth. An avalanche of data in coming weeks is likely to show China's economic performance remains sluggish, reinforcing expectations that Beijing will carry out more...

  • BEIJING, Dec 7- China's stock regulator has held anti-corruption training for dozens of senior exchange officials to ensure they can nip graft in the bud, it said on Monday, amid a crackdown on the securities industry following a mid-year equity market crash. The China Securities Regulatory Commission's discipline body, in a statement released by the ruling...

  • SHANGHAI, Dec 7- China's yuan fell against the dollar on Monday after the central bank set a weaker midpoint to reflect dollar strength on rising expectations of a U.S. interest rate hike this month. "Dollar demand in the market was higher than supply as investors expected the dollar to strengthen further," said a trader at a Chinese commercial bank in Shanghai.

  • SYDNEY, Dec 7- Asian share markets bounced on Monday after Wall Street welcomed an upbeat U.S. jobs report that suggested the world's biggest economy was well placed to handle an expected first increase in interest rates in almost a decade. Oil prices were near their lowest since 2009 in the wake of the Organization of the Petroleum Exporting Countries' decision...

  • *Spring Air dominates popular leisure routes to Japan. BEIJING/ SINGAPORE, Dec 7- Xia Lili, marketing chief at a privately-owned Shanghai software firm switched to flying with Spring Airlines after China's first low-cost carrier took off in 2010. Her company has since made it mandatory for staff to use budget airlines when available, and has cut its travel costs...

  • BEIJING, Dec 7- In the Chaoyang district of northeast Beijing, a nondescript wall covered in patriotic posters protects one of the city's most valuable treasures: a dirt field containing nothing but a few scattered trees. "The flour is more expensive than the bread," said Guo Yi, market director at Yahao, a real estate consulting agency in Beijing, using a Chinese...

  • MANILA, Dec 4- Spot iron ore prices fell to a fresh 10 year low below $40 a tonne on Friday and were set for their steepest weekly decline in five months as falling Chinese steel demand increased a global glut of the steelmaking raw material. More steel mills in China's Shanxi province have halted production due to shrinking demand and shortage of cash, industry...

  • SHANGHAI, Dec 4- China's yuan closed sharply weaker against the dollar on Friday, at its softest since late August, pressured by a spat of dollar purchases late in the session, in part fuelled by expectations of an imminent rise in U.S. interest rates. The dollar index jumped 0.7 percent in early European trade, rebounding from its overnight decline after the...

  • SHANGHAI/ MANILA, Dec 4- Cash-strapped Chinese steel mills are dumping iron ore stocks, selling at a loss to shore up cash flow in the latest sign of the sector's worsening crisis, steel mill and trader sources said. This week, prices for the raw material hit their lowest in a decade at $40.30 a tonne, while futures contracts fell to record lows of $33 a tonne for 2016....

  • *Major brokers CITIC, Guosen Securities, Haitong in spotlight. *Foreign investors seek "puppet CEO" for China, consultant says. SHANGHAI/ HONG KONG, Dec 4- A widening regulatory probe into some of China's biggest brokerages has set nerves jangling in a financial industry still recovering from a summer of turmoil, with fear of becoming entangled in investigations...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 1.9 percent, to 3,677.59, while the Shanghai Composite Index lost 1.7 percent, to 3,524.99 points. Among the most active stocks in Shanghai were Agricultural Bank of China, down 1.2 percent to 3.30 yuan; Bank Of China, down 3.7 percent to 4.18 yuan and Poly Real Estate, down 3.2 percent to...

  • SHANGHAI, Dec 4- China's yuan was flat against the dollar on Friday, easing off a two-week high struck earlier in the session after the central bank set a firmer midpoint. The People's Bank of China set the midpoint rate at 6.3851 per dollar prior to market open, 0.21 percent firmer than the previous fix 6.3982, the strongest gain in a month. The yuan will be included in...

  • SHANGHAI, Dec 4- China stocks fell on Friday as investors grew cautious after four straight days of gains, and Hong Kong shares followed in a broad-based morning sell-off. The index measuring price differences between dual-listed companies in Shanghai and Hong Kong stood at 141.39. A value above 100 indicates Shanghai shares are pricing at a premium to shares...